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Running A Private Limited Company In India Can Be An Expensive Affair Without Having To Do Any Active Business Being Transacted Through The Same. We Often Find Companies Started Between Friends And Family To Do A New Venture However The Business Fades Out In A Few Months. Although The Existence Of The Company Continues And Ends Up Being Non Compliant Due To Lack Of Interest And Expense Of Compliance. In Such A Scenario, A Smarter Option Would Be To Wind Up The Company To Avoid Further Piling Up Of Cost And Notices From Regulators.